Modernform Group Dividend
Dividend criteria checks 2/6
Modernform Group is a dividend paying company with a current yield of 3.95%. Next payment date is on 17th May, 2024 with an ex-dividend date of 2nd May, 2024.
Key information
3.9%
Dividend yield
112%
Payout ratio
Industry average yield | 2.4% |
Next dividend pay date | 17 May 24 |
Ex dividend date | 02 May 24 |
Dividend per share | n/a |
Earnings per share | ฿0.08 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MODERN's dividend payments have been volatile in the past 10 years.
Growing Dividend: MODERN's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Modernform Group Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (MODERN) | 3.9% |
Market Bottom 25% (TH) | 2.2% |
Market Top 25% (TH) | 6.0% |
Industry Average (Consumer Durables) | 2.4% |
Analyst forecast in 3 Years (MODERN) | n/a |
Notable Dividend: MODERN's dividend (3.95%) is higher than the bottom 25% of dividend payers in the TH market (2.18%).
High Dividend: MODERN's dividend (3.95%) is low compared to the top 25% of dividend payers in the TH market (5.97%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (112.4%), MODERN's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (23.8%), MODERN's dividend payments are well covered by cash flows.